The UK's recorded music body, the BPI, has criticised what it calls YouTube's 'take it or leave it ultimatum' to independent labels over its new subscription service.

The Google-owned video giant has confirmed that it will be pulling videos from artists such as Adele and Arctic Monkeys later this week after failing to agree licensing terms with leading indies for its new venture.

YouTube's ad-free subscription platform will launch at the end of this summer with 90% of music rights-holders ...